When oil became waste: a week of turmoil for crude, and more pain to come reut.rs/2xYTiFz

So a bit more on this. A lot right now rests on what happens next, both in terms of various economic regions trying to recover a bit and find ways to do a bit more business - and whether that's possible. #OOTT#OPEC

After all it's not often you see a nation like Azerbaijan tell a BP-led consortium that yes, you have to stop producing. Usually the big oil companies are exempt from this sort of thing. #OOTT#OPEC

First, the move in the active front month contract is totally extreme, but not reflected in the rest of the curve. Fourth contract is well above the March 17 low.

Second: Oil linked equities actually traded higher on the day on Monday; a fairly remarkable divergence from the active future price, but suggesting that equity traders are really not changing their medium term views much based on the collapse in prices today

Thinking about the macro implications. I think it is important to think about which countries will be 'priced out' and will countries will continue to produce at <30$/barrel, and even <$20/barrel. (oil prices will not stay negative for that long, but could stay <$30 for long).

#SPFx SharePoint Framework, let you build productive experiences and apps that are responsive and mobile-ready from day one. @SharePoint and @366PiTech#FridayFeeling for us is a training day at the office around building a modern experience using modern SPFx. (1/n)

... sometimes solving one problem begets another. #Igbo culture most laudably seems to be pushed by those in diaspora, as seen on the social media. However, 90% of what is shown is mainly #masquerading and #dances. Very beautiful. Moreover, there is need to emphasis other aspects

Like marriage, farming, food, poetry, arts & crafts, industry, commerce, architecture etc. There has been a great awakening; most nostalgia and sometimes, a relapse because one can't compete with global trends. Idolatry is on the increase pitched unto 'say' Omenala, our #culture.

African Traditional #Religion (ATR) especially as practiced by ndi Igbo was just a tip of the iceberg about their culture. It was the culture of a typical Igbo person not to go hungry, as such manliness, was measured by the number of yam tubers one had in his barn and other #farm

The ghosts of 2008 are back. We had #Lehman. Today we have #ILFS and #RupeeAt75. The bulls have given up. #Sensex is down 4500 points in 25 sessions. As shared by @Prashanth_Krish over 50% of stocks traded on NSE are down 50% or more. Friday’s fall would have made it more brute.

Most of serious investors are fully invested. With the kind of sell-off witnessed in #Bajaj twins, #HDFC twins, #Reliance, #Kotak, quality midcaps/largecaps, no one is spared. Even Portfolios of respected investors like Rakesh J, @porinju, @VijayKedia1, SP Tulsian are down!!

In 2017 everyone made easy money. 2018 made you realise how difficult it is for traders and investors to make money in #stocks. I wish @adhia03 realises the gravity of his mistake by imposing #LTCG by referring stock markets as easy money making medium. #Nifty#Sensex